- Apna, a Bengaluru-based job and professional networking platform, reported operating revenue of Rs 180.3 crore in FY23, a significant increase of 182.1% compared to the previous fiscal year.
- The total revenue, including interest income from fixed deposits and investments, reached Rs 188.1 crore.
- Operating expenses surged by 72.9% to Rs 308.4 crore in FY23, with the company incurring significant costs in employee benefits.
- Apna’s losses increased slightly to Rs 120.3 crore in FY23, up from Rs 112.6 crore in the previous fiscal year.
- The company is known for its advanced algorithm that matches candidates with employers based on skills, experience, and preferences. Apna entered the unicorn club in 2021 after raising $100 million in Series C funding led by Tiger Global.